YEARLY HIGH
0.6088 FJD
YEARLY LOW
0.5634 FJD
YEARLY AVERAGE
0.5862 FJD

2021 PGK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.6088. Conversely, the yearly low was recorded on February 28, dropping to 0.5634.

This high-to-low spread represents a total annual volatility of 0.0454 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5764 to the December average rate of 0.6034, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6088 was down 12.21% compared to the 2020 peak of 0.6935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 3,044 FJD
2020 Average 3,127 FJD
Yearly Trough Low 2,817 FJD
Transaction Impact: A difference of 227.16 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6063
0.5708
JanuMarcMayJulySeptNove

PGK to FJD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5776, compared to 0.5949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.5776
H2 Avg (Jul–Dec) 0.5949

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0206 FJD (High: 0.5840 / Low: 0.5634). On the other end, May was the most stable month, with a tight range of 0.0100 FJD (High: 0.5798 / Low: 0.5698).

February Spread (Volatile) ±0.0206
May Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6034) against the same month in 2020 (average: 0.5849), the exchange rate shifted by +0.0184 (+3.15%).

2021 Avg (December) 0.6034
2020 Avg (December) 0.5849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5818 0.5706 0.5764
February 0.5840 0.5634 0.5737
March 0.5889 0.5714 0.5792
April 0.5868 0.5693 0.5789
May 0.5798 0.5698 0.5756
June 0.5900 0.5717 0.5818
July 0.5980 0.5833 0.5922
August 0.6007 0.5866 0.5926
September 0.5994 0.5820 0.5923
October 0.6018 0.5860 0.5928
November 0.6051 0.5878 0.5960
December 0.6088 0.5975 0.6034